AKM Real Estate I, II and III SICC are three investment vehicles in real estate assets with a capitalisation of
120 million €
Dextra holds a 25% stake in AKM Gestión Inmobiliaria X SGEIC, SA, which is the management company of AKM RE I, II and III.
AKM Real Estate I SICC, SA (AKM RE I) was a €15 million investment vehicle created in October 2013 with the objective of investing in Residential Real Estate assets (complete buildings) in prime locations in Barcelona and Madrid. The vehicle, which had a duration of 5 years, achieved an annual return (IRR) of more than 12%. The project was successfully completed.
AKM Real Estate II SICC (AKM RE II) was a €38 million investment vehicle launched in the second half of 2014 with the objective of investing in Residential Properties (complete buildings) in prime locations in Barcelona and Madrid. The purpose of the vehicle was to acquire these properties, improve asset management and rehabilitate the assets with the aim of selling the resulting units within a maximum of 5 years. The project was successfully completed.
AKM Real Estate III SICC (AKM RE III) is a €67 million investment vehicle established in the second half of 2016 with the objective of investing in Residential Real Estate assets (complete buildings) in prime locations in Barcelona and Madrid. The vehicle operates by acquiring these properties, improving asset management and rehabilitating the assets, with the objective of selling the resulting units. This vehicle is currently in its divestment phase.
Dextra has a 25% stake in AKM Gestión Inmobiliaria X SGEIC, SA, the management company of these vehicles. Dextra has a 25% stake in AKM Gestión Inmobiliaria X SGEIC, SA, the management company of these vehicles. In all 3 vehicles, Dextra has led the definition and structuring of the vehicles, as well as the fund-raising process together with the other partners and Andbank, which has participated as sponsor and exclusive underwriter of the vehicles. Dextra actively participates as a partner in the project management team.
Seagull Real Estate I and II SICC, SA are two investment vehicles in real estate assets in Galicia, with a capitalisation of
34 million €
Dextra holds a 50% stake in SWAN Real Estate Management SGEIC, SA, which is the management company of Seagull RE I and II.
SEAGULL Real Estate I SICC, SA (Seagull RE I) is a €20 million investment vehicle established in February 2018 with the objective of investing in Residential Real Estate assets (complete buildings) in Vigo and A Coruña. The vehicle operates by acquiring the properties, improving asset management and rehabilitating the assets, with the aim of selling the resulting units within a maximum period of 7 years. This vehicle is currently in the final phase of construction and commercialization of the resulting apartments.
SEAGULL Real Estate II SICC, SA (Seagull RE II) is a €14 million investment vehicle established in June 2019 with the objective of investing in Residential Real Estate assets (vertical property) in Vigo and A Coruña. The vehicle operates by acquiring the properties, improving asset management and rehabilitating the assets, with the aim of selling the resulting units within a maximum period of 7 years. This investment vehicle is currently in the middle of its construction and divestment phase.
Dextra has a 50% stake in SWAN Real Estate Management SGEIC, SA, the management company of Seagull RE I and Seagull RE II. Dextra has led the definition and structuring of both vehicles and the fund-raising process together with the other partners. Dextra actively participates in the project management team.
URIZEN VCG I and II are two investment vehicles in Silicon Valley startups, with a capitalisation of
34 million €
URIZEN VENTURES CONTINUITY are two Spanish investment vehicles registered with the CNMV that invest primarily in US-based technology companies, managed by a founding team highly specialized in the business and technology sector.
Dextra is currently actively involved in the project management team.
Atalaya Hotels consists of 3 private equity entities that jointly invest in holiday hotel assets in Spain’s main tourist resorts. Atalaya Hotels has a market capitalisation of
66 million €
Atalaya is a Private Equity fund that invests in hotel assets in the main sun&beach destinations in Spain, especially in the Costa del Sol, the Balearic and the Canary Islands. Currently, its portfolio includes 4 hotels located in Benalmádena (Málaga), Playa de Palma, Alcudia (Mallorca) and Lanzarote, managed by THB Hotels. It has a multidisciplinary team, with more than 30 years of accumulated experience in the sector, which is responsible for the analysis of investments, structuring and monitoring of operations, as well as the subsequent asset management and divestment of the hotels. Dextra actively participates in the project management team.
Gemba PE SCR-Pyme is a vehicle for investment in Spanish SMEs, with a capitalisation of
25 million €
GEMBA PE SCR-PYME is a Private Equity fund registered with the CNMV under number 26 and managed by Navis Capital Desarrollo SGEIC. GEMBA PE SCR-PYME’s business model is based on acquiring 100% (or a very significant majority) of Spanish industrial or service companies in any sector of activity (except Finance and Real Estate).
GEMBA targets mainly the low market segment (companies with €5-30m Sales or 10-49 employees) where more than 85% of SMEs in Spain are located and, therefore, there are many acquisition opportunities and little competition from industrial or financial investors. Dextra actively participates in the project management team.